Harbour Investments Inc. Has $122,000 Stake in First Trust Emerging Markets Local Currency Bond ETF $FEMB

Harbour Investments Inc. trimmed its stake in shares of First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 7.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,234 shares of the company’s stock after selling 355 shares during the period. Harbour Investments Inc. owned approximately 0.06% of First Trust Emerging Markets Local Currency Bond ETF worth $122,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FEMB. Almanack Investment Partners LLC. acquired a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the second quarter worth approximately $4,825,000. Concurrent Investment Advisors LLC lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 466.6% during the second quarter. Concurrent Investment Advisors LLC now owns 72,667 shares of the company’s stock worth $2,099,000 after purchasing an additional 59,842 shares in the last quarter. CWM LLC lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 30,863.4% during the second quarter. CWM LLC now owns 44,897 shares of the company’s stock worth $1,297,000 after purchasing an additional 44,752 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the second quarter worth approximately $705,000. Finally, HBW Advisory Services LLC acquired a new position in shares of First Trust Emerging Markets Local Currency Bond ETF during the second quarter worth approximately $285,000.

First Trust Emerging Markets Local Currency Bond ETF Stock Up 0.1%

Shares of FEMB stock opened at $29.31 on Thursday. First Trust Emerging Markets Local Currency Bond ETF has a 52-week low of $25.60 and a 52-week high of $30.00. The firm’s 50 day moving average price is $29.29 and its two-hundred day moving average price is $28.53.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 21st will be paid a $0.1425 dividend. The ex-dividend date of this dividend is Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 5.8%.

First Trust Emerging Markets Local Currency Bond ETF Profile

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.